Richard Seymour Signs Franchise Tender

Posted on: June 19, 2010 3:21 pm

Richard Seymour announced on his Twitter account that he has signed his exclusive rights franchise tender. The deal pays Seymour roughly $12.4 million in 2010. He can still negotiate for a long-term deal as well.

What’s interesting is that the Raiders tendered the defensive end as an “exclusive rights” franchise player. This means that Seymour was not allowed to negotiate with other teams. Even if another team had wanted to give the Raiders two first-round picks for the rights to sign the 30-year-old, they would not have been able to. That’s a lot of love the Raiders are showing Seymour.